According to Forbes, Eigen Labs has received a $70 million token round from a16z, and a16z will buy $70 million worth of EIGEN. This round of funding will be used to help Eigen Labs launch EigenCloud, an Ethereum restaking infrastructure. It's a platform that aims to extend blockchain-level trust guarantees to any Web2 or Web3 application.
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According to Forbes, Eigen Labs has received a $70 million token round from a16z, and a16z will buy $70 million worth of EIGEN. This round of funding will be used to help Eigen Labs launch EigenCloud, an Ethereum restaking infrastructure. It's a platform that aims to extend blockchain-level trust guarantees to any Web2 or Web3 application.